Investors and entrepreneurs agree that while India needs to attract more foreign investment, it also has to build a clearer regulatory system to safeguard national interest - a system that strikes a balance between the needs of nurturing local businesses and making India attractive to investors from abroad.
In this instance, though, Microsoft may be the best suitor. On the surface, it may seem strange to contemplate such a large deal in an environment of greater regulator scrutiny over the technology industry’s acquisitions.
Telecom minister RS Prasad is scheduled to hold a briefing later today (August 1) on the applications for the PLI scheme, which aims to incentivise large electronic manufacturers to set up production bases in the country for the local and global market.
The proposals submitted by the companies to the Ministry of Electronics and IT to avail benefits of the Production Link Incentives (PLI) are expected to create 12 lakh employment opportunities -- 3 lakh direct and around 9 lakh indirect jobs, a source told PTI.
Bloomberg reported in December that Facebook was looking to acquire rights to music videos from major record labels to boost its Watch video service, while TechCrunch earlier this month said that it could launch licensed music videos in the United States in August.
Counterpoint Research, in a report, said the nationwide lockdown of almost 40 days led to almost zero shipments in April that contributed to the decline. "Still, it was one of the least affected segments and reached its highest ever share in the overall India smartphone market, contributing more than 4 per cent in total smartphone shipments," it added.
"We are committed to bring new products and manufacture here in India. For laptops, we are just launching our first product in India and we would definitely like to see the response from consumers," Honor India President Charles Peng said.
The Bengaluru-headquartered software services exporter brought its employees back from the US, Australia and other countries. Nearly 80 employees and their family members have been recently brought back on a chartered flight from Australia on Thursday.
Computer electronics major HP has appointed Ketan Patel as the Managing Director of the 'Greater India' region and he will be responsible for India, Bangladesh and Sri Lanka. Patel replaces Vinay Awasthi who is moving to a new role as Head of Print Operations for Supply Chain.
Dubai’s commitment and investment towards creating a knowledge and innovation-based economy has steadily borne fruit, especially in the current environment d...
Along with its existing feature of ‘Why this ad?’ the company, which corners a large chunk of the global digital advertising pie, is launching a tool called ‘About this ad’, which will show users the verified name of the advertiser.
“India still has 300 million mobile subscribers trapped in the 2G era, their feature phones keep them excluded even from the basic users of the internet at a time when both India and the rest of the world are standing at the doorsteps of 5G telephony,” Ambani said in a video message at an industry event marking 25 years of the sector.
Facebook CEO Mark Zuckerberg said the partnership "will be to wire up and get thousands of kiranas, small businesses across India, onboarded onto WhatsApp to do commerce there". In the investor call of Alphabet, its chief Sundar Pichai said the company has announced a 'Google for India' Digitisation Fund to help Indian Internet users.
In April, Facebook announced investments of $ $5.7 billion in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook its largest minority shareholder. The deal with Jio allowed WhatsApp's integration with JioMart to enable people to connect with businesses, shop and ultimately purchase products in a seamless mobile experience.
"While the numbers for the June quarter are yet to come out, we are confident that our share would be at a similar level. Sales of 2-in-1 devices (convertibles) have grown by 3X-4X compared to pre-COVID-19. Gaming is also seeing huge growth," said Arnold Su, Business Head of Consumer and Gaming PC (System Business Group) at Asus India.
Wipro will accelerate the bank's digital journey through its 'marquee' offerings, Virtual Automation Engineer, IntelliAssure and Digital Rig. In addition, Wipro has been chosen as one of the preferred partners to deliver Business-IT services across Metro Bank functions, it was stated.
The "noteworthy feature" of this malware is that its target list contains 337 applications including banking and financial applications, and also non-financial and well-known commonly used brand name apps on an Android device that focus on social, communication, networking and dating platforms, it said.
The firm filed a Right To Information (RTI) seeking reasons behind the ban but was informed that information is "restricted" and "prohibited".
As the only smartphone brand with a strong presence in each major region, Samsung’s ability to stem the slide will depend on its ability to quickly shift its marketing and distribution focus. Rivals have less room to manoeuvre: Apple gets two-thirds of its revenue from Europe and the Americas, while Huawei is king of Asia and developing Europe.
The annual study by IBM Security - covering over 500 companies globally - which examines the financial impact of data breaches found that the average total cost for India Inc due to security breaches was Rs 140 million (Rs 14 crore) in 2020, an increase of 9.4% from 2019.
It was the first hearing for some time where Dems and Reps acted as if they had a common foe, though for different reasons. Dems criticized the tech cos for buying startups to stifle them and for unfairly using data to clone and kill off competitors, while Reps questioned whether the platforms had muzzled conservative viewpoints and were unpatriotic.
We are confident that by combining OpKey and pCloudy with our already strong quality engineering practice and our own frameworks NoSkript and SkriptMate, we can accelerate digital transformation for our customers with our combined capabilities,” Sunil Kanchi, chief information officer, UST Global, was quoted saying.
'Drive-by download' attacks involve downloading malicious code onto an unsuspecting user's computer when they visit a website or fill up a form. The malicious code that is downloaded is then used by the attacker to steal passwords or financial information.
Apparently, OnePlus had allowed all retailers to sell online when the pandemic started, but last week asked them to stop it. OnePlus competes closely with Apple's iPhone and Samsung in the Indian market. As per market tracker Counterpoint Research, e-commerce contribution to overall smartphone sales reached an all-time high in India during April-June quarter at 45%.
The strategic partnership will enable the organizations to become leaders in the emerging ‘Zero Trust’ environment, leveraging CyQureX’s core SDP (Software Defined Perimeter) technology and solutions, alongside Tech Mahindra’s strategic focus on cybersecurity and other next generation technologies.
TikTok was one of 59 Chinese apps banned by India last month for alleged national security risks. It has 200 million registered users in India. Government has sought clarifications on security, safety and ownership details from these apps.
RIL has roped in Citigroup Global Markets, Moelis and Co and ICICI Securities Ltd have as investment bankers for the deal, revealed the Mint report. Mukesh Ambani has already raised over $20 billion via stake sales in Jio Platforms. The company is now looking to monetise its fibre assets held under Jio Digital Fibre.
India’s unprecedented apps ban thwarted the global ambitions of China’s tech giants just as the spotlight is turning on the world’s largest untapped digital frontier. India’s roaring digital economy, with half a billion users and growing, is witnessing pitched battles in everything from etail and content streaming to messaging and digital payments.
Jio said in a statement it has grown constantly in spite of the telecom industry seeing a continuous decline in numbers. Jio plans to connect 20 lakh plus homes across various cities in the ongoing phase of JioFiber launch in Karnataka.
According to Cognizant, the acquisition expands the company’s hyperscale cloud advisory services, and will help build up a dedicated group within Cognizant centered on Microsoft cloud solutions.
Hemant Tiwari, Managing Director, Hitachi Vantara, India & SAARC Economists are cautioning of an impending and long-lasting economic and market downturn as I...
SAS will provide end-to-end framework to ensure claim processing with specific components for fraud detection, alert management and case handling for NHA, a statement said.
The engagement will bring SAP applications and workloads to the cloud to support Wipro's 180,000-plus employees, a joint statement said.
Called "Mausam", the app is aimed at the urban population and will provide realised weather features and forecasts for upto a week across the listed 450 cities. It will also show radar and satellite images, which were earlier visible only on IMD's website.
Google had said in May it would begin reopening more offices globally as early as June this year, but most Google employees would likely work from home until the end of this year.
Rawat had earlier expressed his disinterest in continuing in the capacity of MD and CEO of the merged entity, post the merger of Bharti Infratel Limited and Indus Towers Limited. The three way joint entity between UK’s Vodafone group, Bharti Infratel and India’s Vodafone Idea will be the largest telecom tower company in India.
Upgrading to new Windows 10 Pro devices can help small businesses receive essential security updates, manage compliance issues and create innovation opportunities.
Hughes has agreed in-principle to invest $50 million in the consortium, and will also continue as a trusted technology and distribution partner to OneWeb.
Infosys said in a statement it will implement a new customer service system that will help Con Edisons strategic aspiration to deliver an improved customer service experience.
The petition had named former CEO Francisco D'Souza, current CFO Karen McLoughlin, former president Gordon Coburn, and former chief legal officer Steven E. Schwartz and board members, including current CEO Brian Humphries, as defendants.
The source privy to the development said that the 47 additional Chinese apps that have been banned now were clones and variants of the apps which were blocked earlier.
The Pune-headquartered company reported a 9.5% increase in revenue for the quarter to June $131 million, up 3.1% sequentially. In rupee terms, revenue increased 19.1% to Rs 991.3 crore and profit went up 9.1% to Rs 90 crore.
Visionet India MD and country head Alok Bansal said the company has already hired 600 people in the last 4-5 months and is looking to hire another 600 people by the end of this year.
The pending dues were for optical fibre cable sales to BSNL, the supplies for which happened in 2018, he said, adding that the payment issue was limited only to telcos' capex-related maintenance and upgrade work, and not state rural broadband and other projects.
In court filings dated July 20 and previously not reported, the former employee of Alibaba's UC Web, Pushpandra Singh Parmar, alleges the company used to censor content seen as unfavourable to China and its apps UC Browser and UC News showcased false news "to cause social and political turmoil".
The Chinese brands have been facing consumer wrath on social media platforms as tensions between India and China had escalated in the past few months, leading many to believe that their strong grip on India may get challenged.
YouTube said consumption of videos - recommended by the platform containing misinformation is significantly below one per cent, and it is working on strengthening its systems to further reduce such instances to ensure that creators and users are protected.
Tata Technologies has put a portion of its employees on the bench in wake of the ongoing Covid-19 pandemic. The company said that fewer than 400 employees had been put on the bench, on paid leave, followed by unpaid leave.
Chinese smartphone brands saw their market share in India fall to 72 per cent in June quarter from 81 per cent in the preceding three months due to COVID-19 supply chain disruption and growing anti-China sentiment.
Within a few days of its launch, JioMart app crossed the 10 lakh downloads mark on the Google Play Store and is one of the top three apps in the 'Shopping' category. With the launch of the app, JioMart now enables increased omni-platform interface bringing seamless and enhanced accessibility to consumers.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
